Sentences with word «supernode»

Proceeds will be used to expand EDC's team of developers, accelerate product development, support and expand the network of equibit supporters, install enterprise infrastructure such as supernodes and market Equibit Blockchain applications.

Companies can use Supernodes in many flexible ways, such as creating their own securities - related infrastructures for situations like raising capital or safely managing the assets of clients.

At the moment, the reward is about 320 XEM per supernode per day.

NEM provides a revolutionary consensus mechanism and supernode program, which ensures that NEM's blockchain will continue growing without ever compromising stability with growth.

However, in 2012, a year after Microsoft bought Skype, the service moved to using supernodes hosted inside Redmond's data centers for communication, a move that some said was to make it easier for the tech giant to work with law enforcement to intercept calls and other chatter.

During their talk, Dryja and Poon responded to concerns from the audience about how the Lightning Network may eventually become somewhat centralized via so - called supernodes.

After an explanation of why the duo does not believe centralization via supernodes will be an issue on the network, they went into a related aspect of the system: the extremely low fees.

It's not going to be supernodes similar to BitTorrent or Skype peers (the way Skype worked five or ten years ago), simply because there are costs involved.»

Coinbase co-founder Fred Ehrsam brought up the issue of supernodes during the Lightning Network presentation, and Poon responded to this concern, stating:

Supernodes keep the system fast and powered and ensure efficiency and performance.

In addition to powering the likes of Zencash — whose Supernodes are set to launch this month — zk - snarks have also been tested on the ethereum network, with a plan for being introduced in 2018.

Proceeds from the crowdsale will be used to expand EDC's team of developers, accelerate product development, support and expand the network of equibit supporters, install enterprise infrastructure such as supernodes and market Equibit Blockchain applications.

Second, detractors say that the Lightning Network is destined to become centralized to some degree, with predictions of «supernodes» that would have an undue influence on the network — such as requiring identification from users for compliance with KYC / AML laws.

«We want to scale to thousands of transactions per second, on chain, without any supernodes,» reads one of Buterin's slides.

The possibility of too much centralization via so - called «supernodes» is one of the common criticisms of the Lightning Network, and attached to that is the fear of these new, mostly - centralized payment hubs having the capacity to censor transactions.

The main reason Poon is not too worried about the potential existence of well - connected nodes is that there isn't much of a financial incentive to create those supernodes.

In regard to the incentives (or lack thereof) to run a supernode, Lopp stated:

Proceeds will be used to expand EDC's team of developers, accelerate product development, support and expand the network of equibit supporters, install enterprise infrastructure such as supernodes and market Equibit Blockchain applications.

Scalability on the Ethereum, according to Buterin needs to be thousands of transactions per second, be on - chain only, and be without any supernodes.

In order to operate a supernode, it is necessary to have 3 million XEM or more.

With the supernodes, it has the possibility to easily scale, compared to other older generation's cryptocurrencies.

These supernodes are the backbone of the NEM network.

Supernodes must be running 24 hours per day processing the transactions of the network.

These supernodes get rewards in exchange for the computing work.

«Then,» he explains, «we would have supernodes that would take the collations across all shards and put them in a single block to be added to the Ethereum blockchain.»